Nov 21, 2012 4:30pm PST
over the fiscal cliff will hit investors. we ask the c.e.o. of utility next era energy lew hay about higher taxes on dividends and stock gains. >> susie: that and more tonight on "n.b.r."! black friday comes early this year. all across the country americans are already lining up outside stores, camping out for the earlier-than-ever start to the holiday shopping season. scenes like this are popping up in shopping mall parking lots. these tents are pitched outside a best buy in tampa, florida, where shoppers are hoping to get the early-bird holiday specials. with big retail chains opening their doors for black friday, on thursday night, there are complaints about companies putting commerce ahead of family time. walmart has been threatened with protests by its employees. the company filed a complaint with the national labor relations board hoping to stop the demonstrations, but the board won't rule on it before tomorrow. diane eastabrook looks at the personal price of thanksgiving day store hours. >> reporter: this is the calm before the storm at a chicago toys r us. manager danny soro
Nov 22, 2012 4:30pm PST
.e.o. of utility company next-era energy. you work in an industry known for paying dividends, the utility industry. has your company considered changing its dividend policy in reaction to what the dividend tax structure may be? >> first of all dividend policy is a matter for the board. so that's ultimately their decision, but i think it would be... even though we have not taken a firm stance on that at this point, i think would be natural over a period of time to see companies do two things if tax rates on dividends are very high. one is they would... may not increase their dividends as much so the pay-out ratios may come down over time, but i think the other thing you'll see is companies use more debt financing than equity financing. you know, that just adds risk back into our economy. if there was anything we learned after the meltdown of '08 is that we want well capitalized companies not highly leveraged companies. would be an incentive to go back to the highly leveraged days. >> tom: is there a case to be made about taxing income differently based upon the source of the income? >> i think so.
Nov 23, 2012 4:30pm PST
need to be our best and do our best in every realm. second, energy. we need to be a model for commitment to our job and our people. and third, efficiency. we need to be competent and bring about results. in my business, speaking and coaching, i have learned that i cant really have a bad day. my best marketing is really doing a valuable job every time for every client in every setting. my guess is that's probably true for you as well. i'm lou heckler. >> tom: that's "nightly business report" for friday, november 23. good night, everyone and have a safe weekend. we'll see you online at nbr.com and back here monday night. captioning snsored by wpbt captioned by media access group at wgbh access.wgbh.org >> join us anytime at nbr.com. there, you'll find full episodes of the program, complete show transcripts and all the market stats. also follows us on our facebook page at bizrpt. and on twitter @bizrpt.
Nov 26, 2012 4:30pm PST
. the selling pressure showed up in the telecommunication sector, falling 1%. the energy and consumer staples sectors also fell. with so much focus on consumers and spending over the weekend, grocery stocks led the consumer sector lower today. super markets safeway and whole foods were down 3.2% and 3.1% respectively. kraft foods fell 2.1%. kraft trades below the price it was at when it split off its snack foods operations. it was a mixed day for retail stocks despite generally positive returns for the big national chains over the weekend. macy's fell 4.5%. the stock hit a six month high last week in anticipation of the holiday season. nordstrom dropped 4.1%. volume more than doubled. both nordstrom and macy's were among the worst s&p 500 stocks today. after falling to more than a decade low last week, best buy bounced 6.7%. volume was heavy as traders pointed to short covering, when those betting the stock would fall have to buy to cover their positions. apple helped pull up the major indices in which it is included. the stock continues rebounding from its autumn sell-off. shares regained 3.
Nov 27, 2012 4:30pm PST
million; just under 1.8 billion shares traded on the nasdaq. the energy sector fell 1%. the financial sector lost nine tenths of a percent, and telecommunications continues moving down, falling another seven tenths of a percent today. the big corporate news was in the food business. as suzanne reported earlier, conagra finally has a deal to buy ralcorp, and both stocks jumped to new highs. the target, ralcorp, shot up 26.4%, closing just below the buyout offer at $90. in a sign of enthusiasm for the deal, the buyer, conagra, saw its shares jump 4.7% to its highest price in more than a decade. all the holiday spending on televisions and mobile devices looks to be helping corning. it makes glass used in screens for electronics. the company raised its fourth quarter forecast. corning expects its specialty glass business to make up for declines in other products. shares rose 6.9%, volume tripled. green mountain coffee is best known for the k-cup single serve coffee. the company has seen big new competitors like starbucks get into the market, but green mountain continues selling plenty of